Archroma acquired 49% of shares of M Dohmen SA back in 2014, and with the additional acquisition, it now owns a controlling 75% participation in the M Dohmen group.
Archroma, a global leader in colour and speciality chemicals, has announced the acquisition of an additional 26 per cent of the shares of M. Dohmen, an international group specialising in the production of textile dyes and chemicals for the automotive, carpet and apparel sectors.
Archroma, who acquired 49 per cent of the shares of M. Dohmen SA back in 2014, no w owns a controlling 75 per cent participation in the M. Dohmen group, and Archroma and M. Dohmen are now free to operate as partners in serving the textile market.
As a consequence, Alexander Wessels, CEO of Archroma, was appointed as Chairman of the Board of the M. Dohmen group, taking over from founder Manfred Dohmen, who will continue to serve as a Board member. M. Dohmen serves textile markets worldwide from production facilities in Switzerland, Germany and Korea, and maintains sales organisations in the US, Korea, Germany, Italy and China. The stronger ties between Archroma and M. Dohmen will allow both companies to make the most of a product portfolio of which ideally complement each other, especially in the area of dyes and chemicals for synthetic fibers and wool, including for the automotive sector.
“We are extremely satisfied with the performance evolution of M. Dohmen since 2014. The overall business and profitability is developing well”, comments Alexander Wessels. “With this additional stake, we are now in the position to implement further into both organisation and processes our shared commitment to customer focus, innovation, world-class quality standards, high service levels, cost-efficiency and sustainability.”
“We are excited to take an active part to Archroma’s ambitions and vision of a more sustainable textile industry”, adds Manfred Dohmen. “The stronger ties between Archroma and M. Dohmen will ultimately benefit the customers, partners and teams of both companies as we can exploit further synergies between our production capabilities, product portfolio and competitive positioning”.
Archroma is a global colour and speciality chemicals company headquartered in Reinach near Basel, Switzerland. It operates with 3,000 employees over 35 countries and with 24 production sites. Its three businesses—Brand and Performance Textile Specialties, Packaging and Paper Specialties, and Coatings, Adhesives and Sealants—deliver specialised performance and colour solutions to meet customers’ needs in their local markets, touching and colouring people’s lives everyday.
Archroma is passionate about delivering leading and innovative solutions, enhancing people’s lives and respecting the planet. The company is committed to challenging the status quo in the deep belief that it can make its industry sustainable; an approach reflected in its innovations, world-class quality standards, high service levels and cost - efficiency. Products enhanced, colours enhanced, performance enhanced – “Life enhanced”.
M. Dohmen is a leading specialist in the production and marketing of textile dyes and chemicals for the automotive, carpet and apparel sectors. M. Dohmen serves textile markets worldwide from production facilities in Switzerland, Germany and Korea, and maintains sales organisations in the US and Italy. The company is headquartered in San Vittore, Switzerland and operates with approximately 200 employees.